March 9, 2015

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

3-Column Formating

 

Law:

O'Melveny Down, But Eyes Rebound
(DBN)

Latham confirmed as largest global revenue-earner as DLA stalls
(DBN)

The rapidly growing e-discovery industry has been a bonanza for law firms
(DBN)

The Uptick in Legal Business Brightens the Job Market for Law Students
(DBN)

U.S. Legal Services Sector Gains 3,100 jobs in February
(DBN)

Amal Clooney to Teach at Columbia Law
(DBN)

Harvard Constitutional law professor: That crazy 'House of Cards' jobs plan could happen
(DBN)

ABA May Prohibit Reporting Law School-Funded Jobs as Full-Time, Long-Term Bar Passage-Required Jobs
(DBN)

Number of LSAT Test-Takers, Law School Applicants at 30+ Year Lows
(DBN)

General Electric GC: Talk To Me
(DBN)

Law firms bully clients over negative reviews
(DBN)

Paul Hastings Chairman on Laterals: Code Words & Walking Away
(DBN)

Lawyer Unsure What To Do With Client’s Dead Body
(DBN)

Sitting's bad for the heart ... and the gym won't help
(DBN)

Which Law Firm Boasts The Best Perk?
(DBN)

The 7 best foods to eat before an important meeting
(DBN)

The biggest question Apple has to answer about the Apple Watch --- Apple might have difficulty getting the fashion world to accept its watch --- 6 things to watch out for during Apple's big event --- Apple Watch could be the must-have gadget — among thieves --- Poll: What would make you buy the Apple Watch?
(DBN)

New trick lets you put folders inside folders on your iPhone
(DBN)

The 12 best new apps you might have missed recently
(DBN)

Major Changes Could Be in Store for Law Firm Websites
(DBN)

6 Verbal Tricks Bosses Use to Manipulate Employees
(DBN)

Starbucks Customer Violently Attacked After Confronting Tip Jar Thief
(DBN)

Aaron Hernandez still flashes swagger, smile at murder trial
(DBN)

The trial rocking Silicon Valley
(DBN)

Colorado lawyer wins $150K libel award against UK Internet troll who criticized his law firm
(DBN)

HBO to make TV movie based on case of ex-lawyer accused of killing 2 prosecutors
(DBN)

A reporter followed cops around to understand why so many black men are killed
(DBN)

Man Calls 911 To Report Wife Stole His Cocaine
(DBN)

Inmates writing their own obits reveal regrets, failed dreams
(DBN)

World's Greatest Criminal Alias
(DBN)

2 Ferguson Police Officers Resign Over Emails
(DBN)

______________

Judges:

Justice Invokes Northern Pipeline Bankruptcy Ruling During Affordable Care Act Oral Argument
(DBN)

Heavyweight - How Ruth Bader Ginsburg has moved the Supreme Court
(DBN)

Federal Judge Shot in Leg Outside Detroit Home
(DBN)

Pesky Judges: U.S. may settle with corporations without going to court: official
(DBN)

Sonia Sotomayor may have saved Obamacare --- Will The Supreme Court Kill Obamacare?
(DBN)

Ferguson Judge Owes $170K in Back Taxes --- The Pig At Ferguson’s Trough
(DBN)

Former state chief justice is ashamed of the fundraising process
(DBN)

New Clerk of the Bankruptcy Court for the Central District of Illinois Appointed
(DBN)

Eike Batista Judge Down One Ride, His Job
(DBN)

______________

Wall Street:

Rate hike fears still weighing on Wall Street
(DBN)

US stocks lower at close of trade
(DBN)

How Bad are Wall Street's Forecasts? Really Bad
(DBN)

U.S. Investors Apt to “Ride Out” Stock Market Volatility
(DBN)

______________

Layoffs:

Tesla cuts jobs after weak China sales
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Awards:

American College of Bankruptcy to Induct 34 New Fellows in 26th Class
(DBN)

American College of Bankruptcy Distinguished Bankruptcy Law Students of 2015
(DBN)

____________

Celebs:

Ex-'Baywatch' Star Nicole Eggert Comes Up Short on Bankruptcy Payments
(DBN)

Buffett talks firing, wages and eating like a kid
(DBN)

____________

Banking:

Tougher US stress test challenge looms for lenders in round two
(DBN)

Which banks are positioned to capitalize on stress test results?
(DBN)

Goldman Sachs May Need To Stay After Class
(DBN)

At Goldman Sachs, Stress Test Results Could Endanger an Important Profit Source
(DBN)

Don't Put Too Much Stress on the Fed's First Bank Test
(DBN)

Scandals Plague Alabama One
(DBN)

The Dearth of De Novos
(DBN)

____________

Weather:

New England snows have meant economic woes
(DBN)

This winter was 19th warmest on record --- Florida banned state workers from using term 'climate change'
(DBN)

____________

Flooring:

Tilson Still Sees “Huge Downside” in Lumber Liquidators Stock
(DBN)

Will Lumber Liquidators Choose Door Number 1, Number 2 Or Number 3?
(DBN)

Hedgie sees Lumber Liquidators stock dropping to $9
(DBN)

____________

Celebs:

Pro baseball player earned a $2 million signing bonus, but he's living out of a van
(DBN)

____________

Gambling:

Bankruptcy court to weigh Revel sale, but loopholes exist
(DBN)

Glenn Straub agrees to Extend Deadline for $95.4 Million Purchase
(DBN)

Lawyers prep A.C. unions to fight calls for bankruptcy
(DBN)

Caesars seeks bankruptcy court approval to "dismantle and liquidate" MS casino
(DBN)

Caesars Tumbles On $1 Billion Loss
(DBN)

____________

Healthcare:

A costly side effect of hospital mergers
(DBN)

Rural Hospitals Get Billions More in Medicare
(DBN)

Things Your Primary Care Dr. Won't Tell You
(DBN)

____________

Aviation:

Emirates Airline president plans talks in Washington over subsidy row, says US airlines get subsidies through bankruptcy relief --- Fight over Mideast airline subsidies isn't cut and dry
(DBN)

____________

Shipping:

Ship Dismantling Company Files Bankruptcy --- Lawsuit Offers Glimpse into Esco Marine’s Finances
(DBN)

____________

Economy:

The New York Times made a bold plea to the Fed --- Strong US jobs data suggests the Fed might raise interest rates sooner than expected
(DBN)

295,000 New Jobs in February
(DBN)

Lew to Congress: US hits debt limit on March 16, needs to be raised ASAP
(DBN)

Jobs are plenty, but Americans still cautious spenders
(DBN)

Warning: Early GDP indicator flashing red
(DBN)

February unemployment rate 5.5% --- The Unemployment Rate Fell in February - But Not for the Reasons You Might Think --- Seasonally Adjusted Jobs Numbers Offer Cold Comfort --- Why this month's lower unemployment rate isn't great news --- All-time high number drop out of labor force
(DBN)

Fact Check: Labor participation rate is at an all-time low
(DBN)

Wages are telling us unemployment can go a lot lower --- History suggests you should get a raise soon. Recent history suggests you might not
(DBN)

Youth Unemployment a Stunning 17.1%
(DBN)

Krugman: Slandering the 70s
(DBN)

Economists Declare Full Employment --- Dear Janet: This isn’t what full employment looks like
(DBN)

Employment Report Comments and Graphs --- More Employment Graphs: Duration of Unemployment, Unemployment by Education, Construction Employment and Diffusion Indexes
(DBN)

Best Private Sector Job Creation "Ever"?
(DBN)

Prime Working-Age Population Growing Again
(DBN)

Gov't Blows $125Bn in Improper Payments
(DBN)

Senate leader McConnell promises no default on debt
(DBN)

This Amazon Prime parody is a sobering look at the gender wage gap in America
(DBN)

Next recession 3 years away: McCaughan
(DBN)

The Five Jobs With the Most Growth Potential
(DBN)

S&P 500 companies have bought back $2.1 trillion worth of themselves since the financial crisis
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Mortgage Notes: Those Nasty Assignments!
(DBN)

Fannie-Freddie Profit Sweep Defended by Key Treasury Adviser
(DBN)

Mortgage scammer commits fraud from inside jail cell
(DBN)

Supply of affordable multifamily housing doesn’t match demand
(DBN)

North Texas’ largest home hits the market for $100 million
(DBN)

Southern Miami-Dade development site heads to foreclosure auction
(DBN)

Map: The salary you need to buy a home in 27 U.S. cities
(DBN)

___________

Municipalities:

In Detroit city government, let them eat cake
(DBN)

For Detroit retirees hit by bankruptcy "clawback," hits keep coming
(DBN)

Chicago on road to bankruptcy , Gov. Rauner warns
(DBN)

Why tax reform could be (really)bad for Puerto Rico
(DBN)

Fresh Out of Bankruptcy, City Announces Multimillion-Dollar Housing Project
(DBN)

Time to go home, Atlantic City . You're drunk
(DBN)

SNL's incredible rant about what's wrong with NYC
(DBN)

Job Growth in California is Soaring --- Texas Unemployment Rate Drops
(DBN)

Fact Check: Stadiums And Teams Help Urban Economies
(DBN)

____________

Soccer:

Parma given 5m-euro loan
(DBN)

____________

Retailing:

RadioShack bankruptcy leaves dealer in limbo
(DBN)

Is Abercrombie & Fitch the next retailer to die?
(DBN)

____________

Politics:

Dianne Feinstein Wants Hillary Clinton To 'Step Up' And Address Email Controversy --- Hillary Clinton's 3 ways to handle scandal --- 6 questions for Clinton on e-mail controversy --- Clinton Ally Backs An Independent Review in Email Controversy
(DBN)

U.S. Plans to File Criminal Charges Against N.J. Sen. Menendez
(DBN)

Krugman: Pepperoni Turns Partisan
(DBN)

____________

Alternative Energy:

Utilities wage campaign against rooftop solar
(DBN)

____________

Mass Torts:

Proposed fund for 2012 meningitis victims up to $210 million
(DBN)

BP Ends Attempt to Oust Oil Spill Claims Administrator
(DBN)

____________

Oil/Gas:

Mon. A.M.: Oil drops toward $59 on dollar, stock builds
(DBN)

Fri. P.M.: Oil in biggest weekly drop since January on dollar, rate-hike fear --- Oil Today Is Cheaper Than in 1970 --- Oil under pressure after dollar jumps on stronger US jobs data --- Crude- oil glut weighs on prices
(DBN)

Oil Rigs Get Slammed for the 13th Week --- Oil rig count falls by 64 --- Oil Rigs, Jobs Fell in February --- Oil and gas sector tarnishes strong US jobs report
(DBN)

US crude to drop to $40 as stocks rise: Goldman --- Goldman Says $40 Oil Call May Be Too Low as Demand Surprises
(DBN)

OPEC official says oil market to return to balance later this year
(DBN)

U.S. Oil And Gas E&P Defaults Boost 2015 Global Corporate Default Tally To 19 Issuers
(DBN)

Energy companies raising debt to repay revolvers
(DBN)

Exxon Suit Highlights Energy Cost Fears
(DBN)

US gas prices jump 21 cents a gallon in 2 weeks
(DBN)

Producers collect $7.8 billion as Wall Street rushes back to oil
(DBN)

New Oil Patch Bankruptcy Arises From Drop in Crude Prices
(DBN)

As oil prices tank, where did OPEC go wrong?
(DBN)

Where Do We Put the Oil Now? --- The Newest Commodity: Oil Storage Space
(DBN)

Crude glut weighs on prices
(DBN)

OPEC chief: Cartel hurting U.S. shale
(DBN)

Ecuador's Oil Export Revenue Falls 44% in January
(DBN)

Bank of Canada head says oil shock looks front-loaded
(DBN)

Whiting reported to be seeking buyer, but source says not aware
(DBN)

____________

Personal Finance:

Here are the mistakes a 55-year-old doctor is making with over $500,000 of investments
(DBN)

Why turning your clocks forward Sunday actually costs you money
(DBN)

Eight home improvement projects you shouldn't do yourself
(DBN)

Fixing credit report errors is about to get easier
(DBN)

____________

Fraud:

Wannakuwatte Ordered To Pay Nearly $109 Million Dollars in Restitution For Ponzi
(DBN)

Papers show 1.9 million worldwide paid into alleged Telex scam
(DBN)

US pension agency lawsuit vs Rennert over RG Steel heads for trial
(DBN)

Poster Child For Fraud Doesn’t Think Years Of Criminal Activity Should Represent More Than A Footnote In Biography
(DBN)

____________

Pensions:

Retirement program for Metro officers headed toward bankruptcy
(DBN)

Default Risk Goes Up When Pensions Invest In Own Shares
(DBN)

____________

New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (30 new filings today)
(DBN)

Bankruptcy Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

(1)-(2)- (3)-(4)-(5)-(6)-(7)-(8)-(9)-(10)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Miscellaneous:

The Week Ahead
(DBN)

____________

IP:

US Supreme Court Declines to Review Fourth Circuit Decision in Jaffe v. Samsung Electronics Co.
(DBN)

____________

TBTF:

Federal Reserve says big banks could lose $490 billion in another recession
(DBN)

____________

Litigation:

In Litigation Funding Pact, Lawyer Bound by Forum Clause
(DBN)

____________

Biotech:

Bankruptcy judge OKs nearly $22M deal for biotech firm's assets
(DBN)

____________

Education:

Sweet Briar grads retain Troutman Sanders, launch crowdfunding campaign to save school
(DBN)

How low self-esteem is killing girls’ academic success around the world --- Grooming girls to be Fortune 500 CEOs
(DBN)

Private colleges with the biggest payoff
(DBN)

____________

Autos:

GM said to plan buyback, settle with activist investor
(DBN)

____________

Financial Advisors:

Knoxville: Judge approves bankruptcy relief order against financial manager
(DBN)

____________

Batteries:

$6.7 million in claims will go unpaid in Douglas Battery bankruptcy
(DBN)

____________

Housewares:

Lifetime Brands to buy Bankrupt Reed & Barton
(DBN)

____________

Tax:

Cancellation of Debt and Related Transactions
(DBN)

____________

Telecoms:

LightSquared preps for tough trial on latest bankruptcy plan
(DBN)

NII Holdings Announces Restructuring Agreement
(DBN)

____________

Sovereigns:

Why countries default on their debts
(DBN)

Argentina says the 'vultures' circling overhead have multiplied, and they're asking for billions
(DBN)

____________

UK:

Here's exactly what will happen when the Queen dies
(DBN)

Britain's Serious Fraud Office to grill ex-Barclays and Deutsche Bank staff
(DBN)

Grexit and oil price crash blamed for massive drop in London finance jobs
(DBN)

The Rich Could Fall Out of Love With London
(DBN)

____________

EU:

Greece to dominate eurogroup meeting
(DBN)

Austria is fast becoming Europe's latest debt nightmare
(DBN)

Cyprus: Optimism over insolvency framework --- Cabinet approves fifth insolvency bill
(DBN)

Stocks to buy for playing the great European easing
(DBN)

Euro zone bond yields fall on QE launch but Greece jitters resurface --- Top London financiers warn investors over Grexit chaos --- What you need to know about Europe's new €1 trillion rescue plan
(DBN)

Investors have flooded out of the US and into European funds as the economy heats up
(DBN)

ECB Starts Buying German, Italian Bonds Under QE Plan
(DBN)

____________

PIIGS:

Greece warns of referendum ahead of debt deal meeting --- Greece threatens new elections if eurozone rejects planned reforms --- 'Time is running short' for Greece as another bailout summit looms
(DBN)

Creditors Reject Greece's Reform Proposals
(DBN)

Billionaire Greek Ship Owners Surface on Tax-Exempt Overseas Profit
(DBN)

Greece Proposes Using Tourists as Tax Spies to Fill Shortfall
(DBN)

Greece's economy: Running on empty
(DBN)

Survey: Greeks Favor 'Honest Compromise,' Afraid of Bankruptcy
(DBN)

ie: O'Donnell family's gilded lifestyle revealed in bankruptcy documents --- 'We didn't know that our parents were billionaires...' --- Every horror story needs a mansion on the hill
(DBN)

____________

Canada:

Moody's downgrades Teck for excessive debt load
(DBN)

____________

China:

China's surge in exports sounds more promising than it actually is
(DBN)

Legal power of local government pledges in China rejected
(DBN)

Chinese developer Kaisa's haircut proposal avoids worst case scenario
(DBN)

____________

Switzerland:

SNB considering higher negative interest rates
(DBN)

____________

MENA:

Drydocks World 'seeks to amend debt deal'
(DBN)

Libya nearing verge of bankruptcy
(DBN)

____________

Germany:

German financial news channel DAF goes insolvent
(DBN)

____________

India:

Eating Beef Can Now Land You in Prison
(DBN)

____________

Australia:

Reform remains elusive for troubled insolvency sector
(DBN)

Layoffs and empty streets as Australia's boom towns go bust
(DBN)

Uranium miner's loss widens
(DBN)

____________

Brazil:

Money seized from Brazil magnate vanishes from court safe
(DBN)

____________

Africa:

Iron ore producer African Minerals to go into administration
(DBN)

____________

Ukraine:

Ukrainian bank insolvencies cost 9% of GDP in 2014-15
(DBN)

____________

 


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $62/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2014